Program Chair: Paul Aslan | January 16, 2014 | |||||||||||||||
This Week...
January
28
Calvin Chan Interact Art/Music/Dance/Speech Contest University High School 3:30-5:00pm January 30 "Myanmar Water Project" Upcoming...
February 1
Rotary Impact Event
LA Food Bank
8:30a-Noon February 6 DG Doug Baker
"District Governor's Visit"
February 7 Chinese New Year Dinner Palace Sea Food |
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January 30 Calvin Chan & Janice Kamenir-Reznick "Myanmar Water Project and Jewish World Watch" |
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February 6 DG Doug Baker "District Governor's Visit" |
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President Mark welcomed everyone to the friendly Westwood
Village Rotary Club.
PE Aly Shoji led us in the pledge. Paul Marrone (Tony's son) led us in a special Invocation/moment of silence in honor of his father and our past Club member.
Health and Welfare:
Visiting Rotarians included:
Jim Snee From the Rotary Club in Santa Fe New Mexico and our
honorary member, AG Linton Morgan from Inglewood Rotary Club.
Colby's lovely wife, Stacy visited with us today, Jonathan
Kantor from our newly formed Rotary Impact group (and also
hosted the last Impact mtg at his office, thank you!) Mavis Yao
was a special guest to our Club today and then it is always so
nice to have Shirley More, Pat Anderson, and Sally Phillips join
us for lunch.
No song or merchant minute this week, and lucky for us, it was a
whirlwind meeting!
Announcements:
Reminders:
PP Steve Scherer welcomed us to Investment
Advisors Day
The first one was back on Dec 14, 1989 24 years ago. Andy Anderson was the club's President and Jim Sumner led this program. The Dow then was at 2700. Gold was $408 ounce
The WVRC seemed to have a 3 year hiatus from this program since
2011. So PP Steve Scherer framed today's talk to a timeframe
that started with the 2008 meltdown, the last year of the Bush
administration, and the last two years of Obama's first term and
first year of second term for this programs analysis.
Unfortunately there was a lot of data given that I was not able
to capture and have asked to have delivered through the Windmill
but have yet to receive per this "publishing."
Our esteemed panelists today including PP Steve Scherer were,
Youth Chair Jim Crane, PP Dwight Heikkila, and BOD Brian
Whitney.
Jim shared we saw an increase in dividends because NY Life did
well in equities . He suggested Exxon Mobil b/c he was asked to
provide an energy stock. Jim also suggested our members take the
online quiz on Exxon's website. He predicts the DOW will
increase by 10% as the demand for energy will surpass our
population growth.
Dwight's estimates are Bullish for the DOW & S&P
Predictions for 12/31/2014: 1-year Treasury: up 15% 10-yr Treasury: up to 3.4% S & P 500: 2200 by end of year Dow Jones Industrials: ending the year at 19700 Energy sector stock choice: Core Labs (CLB)
Brian Whitney is an asset allocator and big picture guy instead
of individual stocks, but he discussed the Treasury Bubble and
chose TransOcean b/c it is beaten down. He prefers to look at
"straw hats" in Jan $47.49/share
Steve recommended Uranium Energy Corportation UEC
$1.70 /share. And ended our program with the sound advice to, "Buy Low and sell high!"
YYE Aly Shoji
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